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981 12 Street Se Unit# 27 Salmon Arm, British Columbia V1E 2C8

3 Bedroom 2 Bathroom 1455 sqft
Contemporary Fireplace Heat Pump, Wall Unit Forced Air, Heat Pump

$529,000

Maintenance, Insurance, Ground Maintenance, Other, See Remarks

$226 Monthly

Brand New Buena Vista Lane Townhomes now under construction with Phase Four being ready for occupancy this Dec 2025. This is a prime location, Unit#27 in Building H. Built to attract first time home buyers &/or rental investors this 1455 SqFt townhome offers 3 levels, 3 Bedrooms & 2 Bathrooms. Includes all appliances; Fridge, Stove, DW, Micro & W/D, Vacuum and all Blinds. Development contains 10 buildings & this unit offers lakeviews. Built in a lane style design with an attached garage, private side entry, hardi-board exteriors, backyard deck, extra open space parking spot along with plenty of visitor parking too. Low strata fees ($226/month), 10 year new home warranty program. Financing OAC* with $120,000 household pre-tax annual income, financing packages for first time home buyers include 5% down payment + 5% GST, 4.59% interest rate over 25-year amortization with a monthly payment of $2,698.23. Other incentives are applicable too, such as no property transfer taxes, GST rebate & gov't down payment incentives. Property is next door to a child day care & close to schools. Investors can expect $3000/month in rental income with a 7% gross cap rate on purchase price and with 20% down payment that would be a 36% gross return on cash invested.... Best deal in the Shuswap! (id:52386)

Property Details

MLS® Number 10325956
Property Type Single Family
Neigbourhood SE Salmon Arm
Community Name Buena Vista Lane Townhomes
CommunityFeatures Pets Allowed, Pet Restrictions
Features Central Island
ParkingSpaceTotal 2

Building

BathroomTotal 2
BedroomsTotal 3
Appliances Refrigerator, Dishwasher, Range - Electric, Microwave, Washer/dryer Stack-up
ArchitecturalStyle Contemporary
ConstructedDate 2024
ConstructionStyleAttachment Attached
CoolingType Heat Pump, Wall Unit
FireplaceFuel Electric
FireplacePresent Yes
FireplaceType Unknown
FlooringType Vinyl
HeatingFuel Electric
HeatingType Forced Air, Heat Pump
RoofMaterial Asphalt Shingle
RoofStyle Unknown
StoriesTotal 3
SizeInterior 1455 Sqft
Type Row / Townhouse
UtilityWater Municipal Water

Parking

Attached Garage 1

Land

Acreage No
Sewer Municipal Sewage System
SizeTotalText Under 1 Acre
ZoningType Unknown

Rooms

Level Type Dimensions
Second Level Bedroom 10' x 9'
Second Level Bedroom 9'2'' x 10'
Second Level 4pc Bathroom 13' x 5'
Second Level Primary Bedroom 9'9'' x 13'
Basement Other 15' x 22'
Basement Foyer 15' x 14'7''
Main Level Laundry Room 3' x 3'
Main Level 3pc Bathroom 8'9'' x 6'2''
Main Level Kitchen 11'8'' x 14'1''
Main Level Dining Room 15' x 7'4''
Main Level Living Room 15' x 12'

https://www.realtor.ca/real-estate/27524878/981-12-street-se-unit-27-salmon-arm-se-salmon-arm

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